newsprompt.coSEND MONEY INTERNATIONALLY
We don’t have to be in the thick of the hectic shopping season to know how important online purchases are. It’s a booming industry throughout the entire year. And, it’s a vital part of your business. If you’re not able to make electronic sales, how can your online business survive? Without being able to receive payments electronically, your top notch site and high-ranking would be for nil. If you’re like many small organizations, you collect payments mainly through cash or checks. While this might be working for you at the moment, adding online payments provides a number of advantages to you and your supporters.
People are increasingly comfortable paying online.Of course, anything of value comes with a cost, and in this case, your payment provider will charge you a fee per transaction, and some charge other fees as well such as setup fees or monthly fees. But if online payment helps you grow your membership or your fundraising, they’ll be taking a slice out of your much larger pie, and everyone’s a winner. When members or supporters are ready to sign up, register for an event, or make a donation, they want to do it quickly and easily. In fact, websites that don’t support online payment can be seen as being out of step. Online payments are faster than manual payments, since you don’t have to wait for the check to arrive or for it to clear.
The whole process from submitting an online payment to updating your bank account can take a matter of seconds. The end result is improved cash flow for your organization, and almost immediate confirmation of transactions. Prospective members won’t have to wait to join your organization, and participants will know right away whether they have successfully registered for an event. Making purchases via the Internet is a fact today and is booming. One of the best things that the Web offers today is the ability to take your business anywhere on the planet through a website.
This is why it became essential to purchase via the Internet through many payment service providers, today this can be done easily and, above all, safely. A PSP, or Payment Service Provider, is a company that provides online marketing services, it accepts payments electronically by managing transactions between sellers and buyers. The most common payment methods that are usually offered are by credit card, bank transfer and real time orders. In addition, PSP offers full guarantees against any risks, especially with international transactions, and thus gain the confidence of consumers who use them. All online payment systems are assigned a tax rate on transactions, fixed or variable.
Here are some of the best selections –
1. WooCommerce
WooCommerce allows WordPress users to create their very own e-commerce shop. There are several neat features that make this payment processor worth your time. Besides being vendor and customer friendly, you can run coupon campaigns, manage your store’s daily activities, learn about shipping and tax rules, and view your store’s overall performance.
2. CheckOut
2CheckOut is a payment processor which is a combination of a merchant account and payment gateway that doesn’t require PayPal or a Merchant account. Simply register and verify your account and you can start accepting credit card payments, and even PayPal payments. The company also offers international payments, shopping cart stores, and a recurring billing feature.
3. ACH Payments
ACH Payments has several key features that make it one of the top payment systems around. Pros include: being able to make global payments, as well as serving as a payment gateway, merchant account, credit card processor, and mobile payment processor. It can also handle ACH payments and can be used as a payroll system.
4. Amazon Payments
Amazon Payments is a safe, easy and convenient method for users to receive money by using Amazon’s API. Users can also send money via ACH – Automated Clearing House. Since almost everyone has an Amazon account, all your important information has already been stored.
5. PayPal
Obviously PayPal would be included in this list, it’s only one of the world’s most widely used payment acquirers processing some 8 million payments every day. As of this writing, PayPal has over 137 million active accounts in 193 markets and 26 currencies around the world, which makes it easy to transfer and request payments. Other PayPal perks include accepting checks through a smartphone’s camera, a card swiper, and allowing customers to make a purchase without leaving your site.
6. Google Wallet
This is essentially Google’s version of PayPal, complete with money transfers and a Google Wallet Card! Since we’re all addicted to the Big G, it shouldn’t be all that difficult to spend and receive money. Google also announced last month that it will be releasing a physical card connected to users’ accounts so they can utilize Google Wallet at retail businesses. For convenience, and the number of users, Google Wallet tops our list of the top 10 online payment solutions.
Payment Service Providers offer ecommerce merchants one single interface to one or more online payment methods.They help ecommerce merchants and businesses like yours to accept credit cards,alternative payment methods – bank transfers, direct debits and digital wallets for MasterPass, Visa Checkout which provider fits your business depends on your specific situation and requirements.So choose a online payment service which suits your needs.
